Automotive Sector Achieved $3 Billion in Exports in January

Export Increase in the Automotive Sector

The automotive industry stands out as one of Turkey's most important economic sectors. According to recent statements, the sector experienced an 2024% increase in exports in January 8. This increase shows how effective the automotive sector, which has a 14,2% share in Turkey's total foreign sales, is in international markets.

Supply Industry and Passenger Car Exports

The highest foreign sales in the automotive sector, 1 billion 257 million dollars exports took place in the supply industry group. In this context, the export of passenger cars also showed a remarkable increase. Compared to the same month of the previous year, passenger car exports increased by 23% For 951 million dollars In addition, a 22% increase was observed in bus, minibus and midibus exports, and this figure 196 million dollars as.

Increases in Exports Between Countries

There was also an increase in exports to Germany, the country to which the automotive sector exports the most. Compared to January of last year, exports to Germany increased by 2,5%. On the other hand, export increases to important markets such as France, the USA, Romania and Spain are noteworthy. Especially 26% to France, 23% to the USA, 50% to Romania ve 42% to Spain There was an increase in exports by .

Leading Countries in Passenger Car Exports

Significant increases were observed in passenger car exports to countries such as the United Kingdom, France, Spain, Slovenia and Belgium. For example, exports to the United Kingdom increased by 38%, to France by 42%, to Spain by 81%, to Slovenia by 126% and to Belgium by 107%. These increases indicate that Turkey's automotive sector has increased its competitiveness in international markets.

Goods Transport Motor Vehicles Export

In the group of motor vehicles for transporting goods, exports to Germany increased by 413% and to Spain by 517%. These data show that Turkey's automotive sector is an important player not only in passenger cars but also in commercial vehicles.

The Importance of the European Union in the Automotive Industry

The largest market in the automotive sector is the European Union (EU) countries with a share of 71,4%. Exports to EU countries increased by 13% 2 billion 115 million dollars This situation shows how important a place Turkey's automotive industry holds in the European market.

Global Economic Uncertainties and the Automotive Industry

Baran Çelik, Chairman of the Board of Directors of OİB, evaluated the effects of current global economic uncertainties on the automotive sector. Çelik stated that on the verge of new trade wars, the inflationary environment and supply chain disruptions increased uncertainties. However, he emphasized that the automotive industry has a deep-rooted history and has demonstrated a successful performance despite these difficulties.

Green Mobility Transformation

The automotive industry is trying to adapt to the green mobility transformation in order to gain competitive advantage. This transformation is of critical importance for the future of the sector. Baran Çelik stated that they recorded double-digit export growth in the passenger cars and bus-minibus-midibus groups in January. He added that they exported at high rates to markets such as Spain and the USA.

As a result

These developments in the automotive sector strengthen Turkey's position in international markets and contribute to economic growth. The future of the sector will be shaped by the green mobility transformation and changes in global trade. Therefore, it is critical to closely follow the development of the automotive industry and develop strategies.